AINP vs DUKZ: Grades, Fees and Holdings Compared

Allspring Income Plus ETF

AINPANYSE Arca

Ocean Park Diversified Income ETF

DUKZDNYSE Arca

Overlap

No data

Expense ratio

AINP −0.66pt a year

AINP0.36%DUKZ1.02%

Avg volume · 30D

DUKZ 2.6×the volume

AINP5.77KDUKZ15K

AINP vs DUKZ Performance

Nov 6, 2025 – Nov 6, 2026

+2.0%AINP+1.2%DUKZ

Expense ratio: AINP 0.36%, better; DUKZ 1.02%
Fund size: AINP $251M; DUKZ $60M
1Y total return: AINP +2.0%, better; DUKZ +1.2%
Yield (12M): AINP 5.80%, better; DUKZ 3.92%
Holdings: AINP 428; DUKZ 10
Avg volume (30D): AINP 5.77K sh; DUKZ 15K sh, better
NAV per share: AINP $24.39; DUKZ $24.80
52W range

ETF.net Grade

Pillar letters and Scores for AINP, DUKZ, with each pillar’s weight
Pillar	AINP	DUKZ
Cost30% weight	A92Higher	F13
Mission25% weight	A94Higher	B56
Risk15% weight	B65Higher	D35
Tradability15% weight	F22	B67Higher
Holdings10% weight	B55Higher	D38
Durability5% weight	B68Higher	D36

Rank among Multi-Sector Bond Income funds

How we build Categories ›

Same Category. AINP and DUKZ are both graded against the same 23 Multi-Sector Bond Income funds, so their Grades compare head to head.

Multi-Sector Bond Income⁠

Category · 23 funds

See all 23 ›

AINP ranks 2nd and DUKZ 19th of 23 funds in the Multi-Sector Bond Income Category.

Rank 1AVGMSVanguard Multi-Sector Income Bond ETFScore 86
Rank 2AAINPAllspring Income Plus ETFScore 72
Rank 3AGINCGoldman Sachs ETF TrustScore 71
Rank 17CRTRERareview Total Return Bond ETFScore 39
Rank 19DDUKZOcean Park Diversified Income ETFScore 38
Rank 20DSSFIDay Hagan Smart Sector Fixed Income ETFScore 36

Our read on each fund

ETF.net Research

AINPAAllspring Income Plus ETF

DUKZDOcean Park Diversified Income ETF

In short

AINP No data

DUKZ Most allocation ETFs stay fully invested and hope you have the stomach for it. DUKZ, launched in 2024, is built to move: it rotates among higher-yielding ETFs, long-term Treasuries, and cash equivalents as risk shifts.

Stated mandate

AINP No data

DUKZ The Fund seeks total return while limiting exposure to downside risk. It tactically allocates among higher-yielding ETFs, long-term Treasury ETFs, and cash equivalents.

Why people hold it

AINP No data

DUKZ Cash is an actual destination here. The mandate rotates among higher-yielding ETFs, long-term Treasury ETFs and cash equivalents, seeking total return while limiting downside exposure.
One ticker covers the whole allocation job: a fund of ETFs spanning credit, duration and cash, with the shifting between them handled by the manager rather than you.
Distributions come monthly, matching the cadence income-focused holders usually want from a diversified sleeve.

Worth knowing

AINP No data

DUKZ At 1.03% a year it runs above the roughly 0.78% allocation-fund norm and well above index blends like AOA (0.19%) or IRTR (0.08%). Hands-on tactical management is what the premium buys.
A small, thinly traded fund, so the bid-ask spread you cross can matter as much as the fee. Trade sizing and timing are part of the real cost.
It launched in July 2024, so the downside-limiting mandate has not yet been through a full market cycle. Short history means less to judge it on.

Full AINP profile⁠

Full DUKZ profile⁠

AINP vs DUKZ Holdings

How AINP and DUKZ differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Countryby domicile80.5%
Asset classBonds100%

Sector

No Sector split for DUKZ.

Country, concentration and asset class

Country by domicile

Country weights in AINP and DUKZ, widest gap first
Country	Gap	AINP	DUKZ
United States	DUKZ +19.5 points	80.5%	100.0%
Colombia	AINP +3.0 points	3.0%	0.0%
Australia	AINP +2.7 points	2.7%	0.0%
France	AINP +2.5 points	2.5%	0.0%
United Kingdom	AINP +2.4 points	2.4%	0.0%
Brazil	AINP +1.8 points	1.8%	0.0%
Italy	AINP +1.8 points	1.8%	0.0%
Belgium	AINP +1.1 points	1.1%	0.0%
Other countries (7)	AINP +4.2 points	4.2%	0.0%

Concentration

Weight in the 10 largest Holdings

AINP40.6%
DUKZ100.4%

Securities held

AINP355
DUKZ9

Asset class

AINP: Bonds
DUKZ: Bonds

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. AINP holds 355 securities, DUKZ 9.

All 416 AINP holdings⁠All DUKZ holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AINP vs DUKZ Cost

Overpaying DUKZ vs AINP

$11,692

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

AINP 0.36%
$7,320
DUKZ 1.02%
$19,012

Amount$10,000

Years30 years

Cost over time

AINP 0.36%
DUKZ 1.02%
Overpaying

Year by year

Year	AINP	DUKZ	Overpaying
10	$652	$1,797	$1,145
20	$2,522	$6,746	$4,224
30	$7,320	$19,012	$11,692

Expense ratio

0.36%AINP, cheaper
1.02%DUKZ

AINP0.36%DUKZ1.02%

0.30%1.13%

Middle half of Multi-Sector Bond Income funds
Median 0.60%

AINP 3rd cheapest of 23 funds

DUKZ 20th cheapest of 23 funds

AINP vs DUKZ Dividends

Last 12 months to Nov 6, 2026

Yield (12M): AINP 5.80%, better; DUKZ 3.92%
Payout (12M): AINP $1.42; DUKZ $0.97
Last payment: AINP $0.07; DUKZ $0.09
Ex-dividend: AINP Oct 23, 2026; DUKZ Nov 5, 2026
Paid on: AINP Oct 27, 2026; DUKZ Pays Nov 10, 2026
Frequency: AINP Monthly; DUKZ Monthly

Distribution history

Per share, 2024 to 2026, same scale for both

AINPMonthly · 24 paymentsAll AINP payments⁠

DUKZMonthly · 27 paymentsAll DUKZ payments⁠

AINP vs DUKZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: AINP 3.2%since Jan 2025DUKZ 4.5%since Aug 2024
Return per unit of riskSharpe ratio, 3 years: AINP 0.08since Jan 2025DUKZ −0.23since Aug 2024
Worst fallMax drawdown, 5 years: AINP −2.9%since Dec 2024DUKZ −4.7%since Jul 2024
Market sensitivityBeta, 5 years: AINP 0.11DUKZ 0.30; Market = 1

AINP and DUKZ in the news

All news⁠

Filings Digest
Opportunistic Trader ETF will stop trading at the close on Nov. 17
26 minutes agoDUKZ

Popular comparisons

AINPAvsVGMSA
Allspring Income Plus ETF · Vanguard Multi-Sector Income Bond ETF
Expense ratio
0.36% · 0.30%
Category
DUKZDvsVGMSA
Ocean Park Diversified Income ETF · Vanguard Multi-Sector Income Bond ETF
Expense ratio
1.02% · 0.30%
Category
AINPAvsGINCA
Allspring Income Plus ETF · Goldman Sachs ETF Trust
Expense ratio
0.36% · 0.40%
Category
DUKZDvsGINCA
Ocean Park Diversified Income ETF · Goldman Sachs ETF Trust
Expense ratio
1.02% · 0.40%
Category
AINPAvsXAGGA
Allspring Income Plus ETF · Eaton Vance Strategic Income Opportunities ETF
Expense ratio
0.36% · 0.50%
Category
DUKZDvsXAGGA
Ocean Park Diversified Income ETF · Eaton Vance Strategic Income Opportunities ETF
Expense ratio
1.02% · 0.50%
Category

AINP vs DUKZ

In short

Stated mandate

Why people hold it

Worth knowing

How AINP and DUKZ differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Opportunistic Trader ETF will stop trading at the close on Nov. 17

How AINP and DUKZ differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings